TVS Cap to exit Landmark with over 50% returns: Chennai-based private equity firm TVS Capital Funds is understood to be scripting a healthy exit from Landmark, a pan-Indian book and music retail chain owned by Tata Group company Trent Limited. TVS Capital would sell its 24 per cent stake in Landmark to the Tata Group firm for about Rs 100 crore, it is learnt. TVS Capital had acquired the stake for about Rs 65 crore in 2009. The return, therefore, would be about 1.5 times. (Business Standard)

Temasek Holdings eyes Actis' stake in Nilgiris Dairy Farm: Sovereign fund Temasek Holdings is in talks with Actis to acquire the latter’s stake in Bangalore-based retail chain Nilgiris Dairy Farm. Sources in the know, however, say a dispute between Actis and the promoters of Nilgiris is likely to disrupt the talks. Actis, which had acquired a stake of about 51 per cent in Nilgiris for Rs 300 crore ($65 million) six years earlier, had, in the recent past, increased the stake to 67 per cent. Though Actis has been trying to exit the retail chain through a strategic sale, the promoters, the Mudaliar family, is not keen on an exit, it is learnt. ()

Videocon said to seek $3B for Mozambique gas stake: Videocon Industries Ltd., controlled by billionaire Venugopal Dhoot, is seeking $3 billion for its stake in a Mozambique gas field, said a person with direct knowledge of the matter. (Mint)

Skills marketplace Click2Skill in market for angel funding: Click2Skill finally went live about a month and a half ago and has so far signed up 45 experts and 250 registered users. Bamania is now in the market to raise angel funding to action the next phase of growth. ()

International Paper in talks to buy SK Bangur-controlled West Coast Paper: Having whetted its appetite, the US-based International Paper, which last year acquired Andhra Paper Mills for about $425M (about 1,900 crore then), is now in talks to buy the SK Bangur-controlled West Coast Paper for a deal likely to be valued between 800 crore and 1,200 crore. (Economic Times)

Infosys BPO looks to make acquisitions in LPO space: Infosys BPO on Wednesday said it was looking to make acquisitions in sectors like legal process outsourcing (LPO), retail and banking among others.The company will dip into the $4 billion cash reserves of parent company Infosys to make acquisitions. Infosys has been criticised in the past for not growing inorganically. ()